No.4, 2013

Kazunori SHIMA & Masashi FUJIMURA

 Earnings Profiles of Individuals with Undergraduate Degrees and Those with Graduate Degrees ―Focusing on University Educational Experience, Recognition of Validity of University Education, and Investment in Self-Learning―

 In this paper, we demonstrate that graduate students received higher salaries than undergraduates in Japan, using a large data sample. In addition, we show that graduate students have a more successful university educational experience, assess the validity of university education higher, and invest in self-learning after graduation from university or graduate school more than undergraduate students. Further, we indicate that successful university educational experience, assessing the validity of university education higher, and investing in self-learning aftergraduation partially contribute to raising their earnings.